2023 2028 refrigeration system industry market research and investment strategy research and consult

(1) Introduction to refrigeration system and refrigeration accessories

The operating principle and main composition of the refrigeration system

Generally speaking, a refrigeration system refers to a system that continuously exchanges heat through changes in the physical state of the refrigerant, and the system transfers heat from a hotter medium to a cooler medium, thereby achieving heat transfer.

The refrigeration system generally includes:Refrigeration cyclewithHeating cycle

refrigeration cycleThe system absorbs heat from the high-temperature room and transfers it to the refrigerant, and transfers this part of the heat to the outside through the refrigerant, so as to reduce the indoor temperature;

During the heating cycleThe system draws heat outdoors and transfers it to the refrigerant, which transfers the heat to the room to achieve a rise in indoor temperature.

The principle of the heating cycle is the same as the refrigeration cycle, the difference is the flow direction of the refrigerant in the system, and the refrigerant commutation is realized by specific components such as the four-way reversing valve in the system, at this time, the role of the evaporator and the condenser is interchanged, so as to realize the conversion of refrigeration to heating function.

Introduction to refrigeration accessories

Refrigeration accessories are the accessories of the refrigeration system, mainly including:Heat exchangers (evaporators and condensers are often referred to collectively as heat exchangers), throttling elements, compressors, pipe fittings, valvesWait.

(2) The downstream development of the refrigeration system industry

Air conditioning market

a. Basic situation of the air conditioning market

As an important household and commercial consumer product, driven by global warming and global economic growth, the global air conditioning market has gradually entered a period of stable development, and the overall sales volume is on the rise. According to QYRESEARCH, from 2016 to 2018, global air conditioning sales maintained growth, up from 12.2 billion units continue to grow to 17.9 billion units, with a compound annual growth rate of 2128%。

In 2019, under the influence of high growth in the early stage and the slowdown of the global economy, the global air conditioning sales volume was 17.3 billion units, a year-on-year decrease of 342%。In 2020, due to the external environment, global air conditioning sales continued to decline, with sales of 16.1 billion units, down 717%。Since 2021, with the gradual weakening of the external environmental impact, the demand for air conditioning market has continued to release, and in 2021 andThe global air conditioner sales volume in 2022 was 1., respectively7.3 billion units and 17.6 billion units, a year-on-year increase of .63%。

Benefiting from the continuous improvement of China's residents' income, the acceleration of urbanization, and the impact of consumption upgrading to promote the innovation and upgrading of air conditioners, China's air conditioning industry has maintained a fluctuating growth trend, and in 2020, affected by external factors, China's air conditioning sales amount declined for a short time, and the industry recovered rapidly in 2021, with a year-on-year increase of 1595% to 3,2931 billion yuan, exceeding the level of 2019. In 2022, domestic air conditioners continued to grow, with a sales volume of 3,4213 billion yuan, a year-on-year increase of 389%。

b. The future development space of the air conditioning market

a. Global warming promotes the continuous release of air conditioning demand in low-permeability areas

Under the trend of global warming, the global average temperature is gradually increasing. According to statistics from the China Meteorological Administration, the global average temperature in 2022 was 113, the sixth highest value since meteorological observations began in 1850; 2015 2022 was the eight warmest years on record for meteorological observations. In the last 10 years (2013 to 2022), the global average temperature was 1. above pre-industrial levels14, 0. higher than the 2011-2020 average05℃。

According to the statistics of the International Energy Agency, the global air conditioning penetration rate in 2021 was 13994%, there is still a lot of room for improvement, of which Latin America, Europe, Africa and other countries or regions have low air conditioning penetration. There is still a lot of room for improvement in the penetration rate of air conditioning in India and Indonesia, major countries in South Asia and Southeast Asia. Boosted by rising temperatures, population growth, urbanization and rising living standards, the penetration rate of air conditioning in these countries and regions is expected to increase rapidly.

b. The environmental protection requirements are increasing, and the demand for new environmental protection air conditioners in the United States and Japan is strong

Under the Kigali Amendment to the Montreal Protocol, developed countries have taken the lead in reducing potent greenhouse gases such as hydrofluorocarbons. The United States and Japan have successively issued policies to restrict the use of high-GWP refrigerants. At the end of 2022, Japan issued the "Revised Regulations on the Use and Management of Fluorocarbons", which requires that the sale of GWP>750 air conditioners in Japan be banned from 2027 onwards. The U.S. Innovation and Manufacturing Act requires a ban on the manufacture or import of GWP>700 chillers, residential and light commercial air conditioners, and heat pumps from January 1, 2025.

As the United States and Japan successively restrict the use of high-GWP refrigerants, air conditioners using non-fluorinated refrigerants or low-GWP refrigerants will gradually replace existing air conditioners and become the mainstream of the market, driving the continuous release of air conditioning replacement demand.

c. The African economy has entered a stage of accelerated development and is expected to become an important incremental market for air conditioners

According to a report released by the African Development Bank, Africa's GDP growth rate in 2022 was 3At 8%, it is one of the largest and strongest regions in the world, outpacing Europe, North America, South America and the world average. The World Bank** Africa will grow by 3 in 2023 and 20246% and 39%。

Africa is generally located between the Tropic of Cancer and the Tropic of Capricorn, and the climate type is symmetrically distributed in a zone, so most areas are very hot during high temperature periods, and there is an obvious demand for air conditioning. In recent years, the African economy has entered a stage of accelerated development, and after basically solving the problem of food and clothing, the pursuit of material things is increasing day by day, especially in some economically developed countries and cities, many commercial places have begun to install air conditioning.

According to the International Energy Agency, 45% of Africa's population has access to air conditioning06%, and the penetration rate of air conditioning in Africa in 2021 is only 656%, there is a large demand release space in the future. In this context, Africa has become an important incremental market for air conditioners.

d. Urbanization construction and renewal and substitution demand promote the growth of China's air conditioning market

Compared with cities, the number of air conditioners in rural areas in China is lower. According to the National Bureau of Statistics, in 2022, the number of air conditioners per 100 urban households in China was 16350 units, while the number of units per 100 households in rural areas is only 9220 units, the rural market has greater penetration potential, and will be a valuable incremental market for China's air conditioning industry in the future.

At the same time, with the growth of air conditioning ownership, China's air conditioning market has a large number of replacement needs every year, especially in the "Implementation Plan on Improving the Treatment System of Waste Household Appliances to Promote the Renewal of Household Appliance Consumption", "14th Five-Year Plan" Comprehensive Work Plan for Energy Conservation and Emission Reduction, "Guiding Opinions on Coordinating Energy Conservation and Carbon Reduction and Accelerating the Utilization of Products and Equipment in Key Areas" and other policy documents, the demand for air conditioning replacement continues to increase.

According to GFK estimates, China's household air conditioner replacement demand in 2021 will be about 29.09 million units, and it is expected that the potential replacement demand for household air conditioners in China will increase to 37.54 million units by 2025, and this demand will reach 56.98 million units by 2030; It is expected that the proportion of replacement demand in China's home air conditioning market will increase from 61 in 202100% to 76 by 203060%。

To sum up, the global air conditioning market still has great development prospects. According to Acumen Research and Consulting**, the global air conditioning market will continue to grow in the future, reaching $218.5 billion by 2032, growing at a CAGR of 6% in the decade 2022-2032.

The development of the cold chain logistics market

Cold chain logistics generally refers to refrigerated and frozen food fromProduction, storage, transportation to salesIn order to ensure food quality and reduce food loss, it is a logistics project that is always in the specified low temperature environment to ensure food quality and reduce food loss.

a. The development of the global cold chain logistics market

Cold chain logistics has grown steadily with the growth of the global economy and the improvement of residents' consumption levels. In developed countries such as Europe, the United States, and Japan, the development of cold chain logistics is early, and the consumption demand for frozen food is large, and the high-intensity investment expenditure on cold chain logistics infrastructure is driving the growth of the global cold chain logistics market. According to Statista, the global cold chain logistics market size reached 2,737$3 billion.

b. The development of the domestic cold chain logistics market

With the continuous improvement of national income and quality of life, consumers are interested in foodVariety, nutrition, taste needsIt has also increased significantly, and the domestic fresh consumption market has risen rapidly. At the same time, the first department has increased the construction of national backbone cold chain logistics bases and cold chain facilities in the production and sales areas, and the domestic cold chain logistics market has developed rapidly. According to the statistics of the Cold Chain Committee of the China Federation of Things,In 2022, the domestic market demand for cold chain logistics products was 324.5 million tons, a year-on-year increase of 1817%, with a compound growth rate of 17 from 2017 to 202208%。

Driven by demand, the scale of China's cold chain logistics market is growing rapidly. According to the Cold Chain Committee of the China Federation of Things, the size of China's cold chain logistics market reached 551.5 billion yuan in 2022, a year-on-year increase of 1555%。

Chapter 1 Overview of the development of the refrigeration system industry

Section 1 Definition and classification of refrigeration system industry.

1. Industry definition.

Second, the main classification of the industry.

Section 2 Analysis of the characteristics of the refrigeration system industry.

1. Analysis of the industrial chain.

Second, the position of the refrigeration system industry in the national economy.

3. Life cycle analysis of the refrigeration system industry.

1. Theoretical basis of industry life cycle.

2. The life cycle of the refrigeration system industry.

Chapter 2 Analysis of the operation of China's refrigeration system industry

Section 1 Analysis of the development status of China's refrigeration system industry.

First, the development stage of China's refrigeration system industry.

Second, the overall situation of the development of China's refrigeration system industry.

3. Analysis of the development characteristics of China's refrigeration system industry.

4. Analysis of the business model of China's refrigeration system industry.

Section 2 Development status of refrigeration system industry from 2021 to 2023.

1. The market size of China's refrigeration system industry from 2021 to 2023.

2. Analysis of the development of China's refrigeration system industry from 2021 to 2023.

3. Analysis of the development of China's refrigeration system enterprises from 2021 to 2023.

Section 3 Regional Market Analysis.

First, the overall distribution of regional markets.

2. Market analysis of key provinces and cities from 2021 to 2023.

3. Market analysis of key cities from 2021 to 2023.

Section 4 Refrigeration System Market Segment Analysis.

First, the characteristics of the market segment.

2. Market size and growth rate of market segments from 2021 to 2023.

3. Prospects for key market segments**.

Chapter 3 Supply and demand analysis of China's refrigeration system industry

Section 1 Analysis of domestic market demand.

First, the scale of demand.

Second, the demand structure.

3. Regional markets.

Section 2 Analysis of supply in the domestic market.

First, the scale of supply.

Second, the supply structure.

3. Regional distribution.

Chapter 4 Analysis of the Industrial Structure of the Refrigeration System Industry

Section 1 Analysis of Refrigeration System Industry Structure.

1. Analysis of the adequacy of market segmentation.

Second, the structural proportion of each market segment in the total market.

3. Structural analysis of leading enterprises (ownership structure).

Section 2 Structural Analysis of Industrial Value Chain and Overall Competitive Advantage Analysis of Industrial Chain.

First, the composition of the industrial value chain.

2. Analysis of the competitive advantages and disadvantages of the industrial chain.

Section 3 Industrial Structure Development**.

1. Analysis of guiding policies for industrial structure adjustment.

Second, the guiding factors of consumer demand in the adjustment of industrial structure.

3. The strategic market positioning of China's refrigeration system industry to participate in international competition.

Fourth, the direction of industrial structure adjustment analysis.

Chapter 5 Analysis of the Industrial Chain of China's Refrigeration System Industry

Section 1 Analysis of the industrial chain of the refrigeration system industry.

1. Analysis of industrial chain structure.

Second, the value-added space of the main links.

Third, the relevance of upstream and downstream industries.

Section 2 Analysis of the upstream industry of refrigeration system.

First, the cost composition of the refrigeration system.

2. The development status of the upstream industry from 2021 to 2023.

3. The development trend of the upstream industry from 2023 to 2028.

Fourth, the impact of the upstream industry on the refrigeration system industry.

Section 3 Analysis of the downstream industry of refrigeration system.

First, the distribution of downstream industries of refrigeration systems.

2. The development status of the downstream industry from 2021 to 2023.

3. The development trend of downstream industries from 2023 to 2028.

Fourth, the impact of downstream demand on the refrigeration system industry.

Chapter 6 Competition Situation and Strategies of China's Refrigeration System Industry

Section 1 Analysis of the overall market competition in the industry.

1. Analysis of the competitive structure of the refrigeration system industry.

1. Competition between existing enterprises.

2. Analysis of potential entrants.

3. Threat analysis of substitutes.

4. Bargaining power.

5. Customer bargaining power.

6. Summary of the characteristics of the competitive structure.

2. Analysis of the competition pattern between enterprises in the refrigeration system industry.

3. Analysis of the concentration of the refrigeration system industry.

Fourth, SWOT analysis of refrigeration system industry.

Section 2 Overview of the competitive landscape of China's refrigeration system industry.

First, the refrigeration system industry competition.

1. The competitive pattern of China's refrigeration system industry.

2. The future competition pattern and characteristics of the refrigeration system industry.

3. Refrigeration system market entry and competitor analysis.

2. Analysis of the competitiveness of China's refrigeration system industry.

1. Analysis of the competitiveness of China's refrigeration system industry.

2. The advantages of market competition of China's refrigeration system enterprises.

3. Ways to improve the competitiveness of domestic refrigeration system enterprises.

3. Analysis of market competition strategy of refrigeration system.

Chapter 7 Analysis of the business situation of leading enterprises in the refrigeration system industry

Section 1 Enterprise 1.

First, the company profile.

Second, the analysis of enterprise advantages.